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Author Topic: BNB is No. 4 (3RD NOW) - 4th/3rd/5th again  (Read 689 times)
Bttzed03 (OP)
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February 19, 2021, 02:17:17 AM
Last edit: February 20, 2021, 11:47:28 PM by Bttzed03
 #1

Yeah, that's right. BNB has overtaken both DOT and ADA in terms of market capitalization. I think this is largely due to the many projects and users/traders/investors migrating to the Binance Smart Chain.


^ Checking the price reminded me of the time I sold my BNBs at $45 Grin

UPDATE: 3RD NOW

(taken from CoinGecko)

UPDATE 2: DOT has overtaken BNB for 3RD

UPDATE 3:BNB back to 3RD. F**k with the updates. BNB, DOT, ADA will be interchanging more often. Just check CMC

For the still curious Joe's out there, here are some links if you want to check projects on BSC:

You can use Metamask to access DEXes and DAPPs on BSC (Tutorial). Gas fees only at 10 Gwei.
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February 19, 2021, 02:33:56 AM
 #2

Yep, you are correct, since Ethereum mainnet has been clogged and many investors are complaining, projects might switch to Binance Smart Chain and this could spell doom for Ethereum although it has surpassed and reach their new all time high this year. But if sustainability will be their main stumbling block, then it will be Binance advantage as we have seen it has grown tremendously in the last couple of weeks.

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February 19, 2021, 03:34:37 AM
 #3

If in the future investors prefer the Binance Smart Chain and with the support of unresolved etherium problems, the chances of BNB's growth could be even higher.
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February 19, 2021, 04:31:40 AM
 #4



Well, my case is actually a lot worse since I sold my BNB when it as just $5 years ago. Right now, it seems that there is no stopping BNB from claiming the $500 level as more and more are moving to the BSC platform in response to the problems associated with the Ethereum network. Some are even suggesting that one day BNB can be reaching the $1000 zone, almost rivaling that of Ethereum. Hmmm...will it be possible that we can be seeing a rivalry between Ethereum and Binance? That would be an exciting to watch.

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February 19, 2021, 04:45:49 AM
 #5

I think @OP needs to update his image because BNB now is at number 3, according to Coingecko.



It is a surprise to us to see BNB can overtake the DOT position, and this year, the position at the market already changes with a good performance from each coin. It will not stop and it will continue and we will see another performance from the other coins. DOT is at number 5, while ADA now is at number 6.

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February 19, 2021, 05:10:25 AM
 #6

Bnb is now at top 3. This is very good news for BNB holder. This ranking is due to great use of smartchain contract.
Many good projects are working under binance smart chain contract. Cake / Julswap are the top coin which uses binance smart chain.
Price also jumped to 240$+. May be Coins if future

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February 19, 2021, 05:11:17 AM
 #7

It already surpasses USDT (Tether) in the third spot in the crypto market it very lucky for those BNB coin hodler because their long way is finally benefits them. If the developer of BNB continues to make progressive innovation with their platform and blockchain, I can see a very high potential that it can surpasses ethereum.

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February 19, 2021, 06:02:24 AM
 #8

This result of BNB progress is very amazing.. Good news to those who still holding their eggs after all the waves that makes BNB struggle like other popular coins in the market.. This will be on top for sure because it keeps climbing nowadays and becomes top 3 so how was that? A very good sign to invest more IMO..
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February 19, 2021, 06:09:22 AM
 #9

Another day and another pump, this time binance has surpassed 250USD and it's surpassing USDT from the 3rd place of CMC. Binance is the future and the price for each BNB token has a lot of potentials to be the same as ethereum in the future. It will probably touch three digits within few months.
The exchange tokens are so crazy these days caused by it was offering a lot of benefits to its users. So many people are hyping it right now dude.

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February 19, 2021, 07:23:32 AM
 #10

Yeah, that's right. BNB has overtaken both DOT and ADA in terms of market capitalization. I think this is largely due to the many projects and users/traders/investors migrating to the Binance Smart Chain.


^ Checking the price reminded me of the time I sold my BNBs at $45 Grin
(taken from CoinGecko)

That's right, I was also surprised when I saw the BNB token was already ranked 3rd on the coinmarketcap by shifting the position of the USDT, DOT and ADA tokens, this was really a very extraordinary surprise from BNB.


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February 19, 2021, 07:39:38 AM
 #11

BNB is awesome, yesterday it was trying to break the 191-200$ price and I thought it will fall back again, wow this is breath taking movement in crypto space, even the almighty DOT was overtaken lol, the most surprising part is BNB transaction fee isn't affected at all, its still so cheap as always

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February 19, 2021, 09:16:15 AM
 #12

As for me, there are no difference between BNB and the paper money issued by many unknown countries.

This currency was created to avoid the problem of fees and to provide some of discounts of Binance fees, but it soon turned into pumping/dumping coin.
Binance Smart Chain does not make any promises other than low fees, which will be different soon.
I also believe that all that this company is looking for any way to make a quick profit instead of driving development so it will be central.
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February 19, 2021, 10:22:28 AM
 #13

Yeah, that's right. BNB has overtaken both DOT and ADA in terms of market capitalization. I think this is largely due to the many projects and users/traders/investors migrating to the Binance Smart Chain.




With BNB, every time is a new ATH  Grin Grin Grin oooh and BNB is on no. 3 now and I strongly believe this is like the beginning and I agree with you in regards to the many users migration, ETH gass fee is creazy these day, I read a post about someone trying to send soneone a $10 crypto gift and fee was $30  Grin Grin Grin




Checking the price reminded me of the time I sold my BNBs at $45 Grin


Looks like I bought those from you  Wink thoguh bought a bit lower @ $42

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February 19, 2021, 10:28:43 AM
 #14

Yeah, that's right. BNB has overtaken both DOT and ADA in terms of market capitalization. I think this is largely due to the many projects and users/traders/investors migrating to the Binance Smart Chain.
Checking the price reminded me of the time I sold my BNBs at $45 Grin

That's the main reason and also bsc projects are on every mainstream. Also, just imagine about me who sold out BNB at $15 and now it's just history. But happy to profit out from BSC projects which remove all of my regrets. TBH, more to come into BNB as it's on the same bullish rally which was done back in bearish market of 2019 where BNB didn't follow BTC anymore and pumped according to its way. Only difference is, IEO was hyped in that time and now, BSC DeFi projects are so much hyped in current time.

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February 19, 2021, 10:43:39 AM
 #15

Its possible to overthrone Ethereum soon. I think now Ethereum team will confuse about switching PoW to PoS.
Because the DeFi community will move to BSC in near time, and if Ethereum switch PoW to PoS, Miner community will leave too.
If that happens, the community of Ethereum then will not as strong as before.

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February 19, 2021, 10:49:41 AM
 #16

Its possible to overthrone Ethereum soon. I think now Ethereum team will confuse about switching PoW to PoS.
Because the DeFi community will move to BSC in near time, and if Ethereum switch PoW to PoS, Miner community will leave too.
If that happens, the community of Ethereum then will not as strong as before.
Not as of now but they can still improve in the long run as they continously developing a lot of functions and progress on their exchange. There are times that they exchange lag due to high traffic and this is inevitable given that there are too many users are prefer to trade on Binance spot and even future trading.

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February 19, 2021, 10:53:44 AM
 #17

BNB currently caters to the needs of many cryptocurrency investors. BNB will become stronger if the familiar problems in Ethereum continue. BNB will be more successful when cryptocurrency investors are more conscious. BNB deserved its current success to the fullest.

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February 19, 2021, 11:01:56 AM
 #18


This currency was created to avoid the problem of fees and to provide some of discounts of Binance fees, but it soon turned into pumping/dumping coin.

At some point, most crypto currencies would be viewed as such, pump/dump coin I mean. If Elon Muck could make a single tweet and BTCs price jumps like hell, BTC can not be regarded as a pump/dump cos i believe I saw some post about that, Is BTC being a pump/dump coin  Cheesy.

 
Binance Smart Chain does not make any promises other than low fees, which will be different soon.

Any ways, I strongly believe every project will have there moments and what promises they bring to the crypto space and of cause some will fail along the way and others will spring up with similar offering and at the end of the day, Investors still remains the winner.    
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February 19, 2021, 11:17:53 AM
 #19

Change the thread title to BNB at number 3. How fast was that?

Look! it's already in top 3 and I like seeing BNB at that position. What would I say, well, I will just say congratulations to people who "HODL", you deserve to celebrate now.

https://coinmarketcap.com/

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February 19, 2021, 11:20:07 AM
 #20

I am very glad that BNB is so close to Ethereum, and I hope BNB will soon overtake Ethereum, otherwise the Ethereum developers have become very lazy and they do not want to do anything with expensive transactions and this problem with expensive transactions on the Ethereum blockchain is already appeared a long time ago and now Binance Smart Chain was able to overtake the Ethereum Blockchain in terms of transaction volume, and I am sure that this is just the beginning for Binance Smart Chain.
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